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Commercial Credit News
CIF promotes Simon Adcock to associate director
Monday, 09 March 2009

The London and South East office of business funder, Cattles Invoice Finance (CIF), has promoted Simon Adcock to associate director.

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Small businesses outraged at plans to tax their own car parking spaces
Friday, 06 March 2009

Small businesses are outraged at the Government’s plans to tax them for using their own car parking spaces. Under the Transport Act 2000, local authorities have the power to introduce Workplace Parking Levy (WPL) schemes, allowing them to charge firms which provide employees with private parking.

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New figures show small business are depositing less into banks
Thursday, 05 March 2009

The latest figures from the British Bankers’ Association (BBA) show that deposits by small businesses into the UK’s banks have eroded substantially.

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Businesses advised to plan for the deepest recession since the early '80s
Thursday, 05 March 2009

Economists at PricewaterhouseCoopers LLP (PwC) have warned that companies need to plan for a deep and prolonged recession.

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January 09 small business figures for the high street banks
Thursday, 05 March 2009

The level of banks' lending to small businesses rose by £235mn to £54.2bn in January, new figures from the British Bankers' Association revealed today.

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Make finance decisions locally, FSB urges banks
Thursday, 05 March 2009

The Federation of Small Businesses (FSB) is calling on banks to restore decision-making powers to local branches and is launching a code of good practice for banks to follow and to support more lending to small firms.

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Barclays Commercial Bank launches new initiative to help UK businesses
Wednesday, 04 March 2009

Barclays Commercial Bank today launches a new initiative to assist its 81,000 business clients in battling recession.

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Small businesses call for dedicated utilities watchdog
Tuesday, 03 March 2009

Small businesses suffering at the hands of utilities companies believe a dedicated watchdog should be restored to ensure they receive an efficient, cost-effective service, research carried out by the Forum of Private Business (FPB) suggests.

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Safeguarding Government infrastructure investment
Tuesday, 03 March 2009

The Chief Secretary to the Treasury, Yvette Cooper, today announced Government action to ensure vital PFI infrastructure projects will go forward as planned despite the current financial market conditions.

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BCC launches National Business Recovery Plan
Monday, 02 March 2009

The British Chambers of Commerce (BCC) has today launched a strategic framework outlining the policies required to foster business growth in the short-term and lay the foundations for economic stability in the long-term.

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Bank reveals lending to small business customers increased significantly in 2008
Friday, 27 February 2009

Alliance & Leicester Commercial Bank has announced that it plans to increase its total lending to small business customers by over a quarter in 2009. This follows record lending from the bank in 2008, which saw total small business lending balances increase by 49 per cent.

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